HMV now looks very likely to survive on the UK High Street – at a price. The Daily Mail reports that Hilco could close around half of HMV’s 223 UK stores in the hope that a streamlined version of the chain can live on. It’s the same strategy that the …
Read More »Redundancies hit Zumba Fitness publisher Majesco
Weak demand for products on current generation consoles blamed for poor performance in 2012
Read More »Majesco shuts down Boston branch – report
Social games studio Majesco Boston has closed down, at least according to a former employee. GI.biz reports that the developer’s former senior producer Chris Pasley claimed as much in a Facebook update. I enjoyed my time at Majesco,” Pasley said. I hate that it ended so abruptly with the whole …
Read More »Eurocom shuts its doors amid financial pressure
25-year-old studio behind James Bond titles goes into administration
Read More »Zelnick predicts console transition closures
Those 'not capitalised for transition' won't make the cut says Take2 CEO
Read More »Deloitte confirms closure of 125 additional Comet stores
Hopes that Comet will emerge from its administration appear to be fading after the biggest store closure plan so far was revealed by Deloitte. Comet is to close an additional 125 stores over the next several weeks”, leaving just 70 stores trading in an effort to sell off remaining stock. …
Read More »Argos to undergo brand overhaul; More store closures incoming
Popular catalogue retailer Argos is to revamp its UK operations in a new drive beginning next week. MyRetailMedia reports that central to the change is a renewed online effort, a rise in prices and, crucially, a dramatic increase to its store closure program with up to 100 outlets facing the …
Read More »THQ closes Melbourne publishing office
Publisher opts out of direct sales in favor of distributor model
Read More »38 Studios’ assets claimed by Rhode Island
State to take control of failed game studio's remaining valuables to balance its debts
Read More »GAME could close "handful" of extra stores; New openings also planned
Retailer Game Retail has confirmed to MCV that a small number of additional store closures are likely to be announced in the near future. In addition, it also seems likely that some brand new stores will also be opening their doors – sometimes in the same town. We are currently …
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